Pakistan electricity market

The Ministry of Energy oversees the energy sector through two divisions:the Petroleum Division, in charge of oil and gas supply, as well as of energy and mineral resources, and the Power Division. The Ministry was created in 2017 from the merger of the Ministry of Petroleum and Natural Resources and the Ministry of Water and Power.

Gas production has decreased slowly (-1%/year) since 2014, reaching 35bcm in 2022. Previously, it had risen significantly (8%/year) between 2000 and 2007, following the exploitation of new fields, and then had remained stable around 38-39 bcm until 2014. Pakistan imports gas in the form of LNG since 2014 (10bcm in 2022).

Gasoline and diesel prices follow international oil prices. Hence, they have increased considerably since 2020 (around 80% between 2020 and 2023), reaching US$1.10/l and US$1.13/l, respectively, in 2023. Historically lower, gasoline caught up with diesel in 2021.

As part of the China-Pakistan Economic Corridor (CPEC) initiative, China has pledged more than US$50bn in financial support to improve Pakistan's transport and energy infrastructure in order to end its ongoing power shortage crisis and boost trade from China's landlocked north-west region to Pakistan's Gwadar Port.

The Pakistan energy market data since 1990 and up to 2022 is included in the Excel file accompanying the Pakistan country report. It showcases the historical evolution, allowing users to easily work with the data.

Statista R identifies and awards industry leaders, top providers, and exceptional brands through exclusive rankings and top lists in collaboration with renowned media brands worldwide. For more details, visit our website.

Frequently asked questions What was the total cumulative power capacity in Pakistan power market in 2021?

The total cumulative power capacity in Pakistan power market in 2021 was 41.8 GW.

About Pakistan electricity market

As the photovoltaic (PV) industry continues to evolve, advancements in Pakistan electricity market have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

When you're looking for the latest and most efficient Pakistan electricity market for your PV project, our website offers a comprehensive selection of cutting-edge products designed to meet your specific requirements. Whether you're a renewable energy developer, utility company, or commercial enterprise looking to reduce your carbon footprint, we have the solutions to help you harness the full potential of solar energy.

By interacting with our online customer service, you'll gain a deep understanding of the various Pakistan electricity market featured in our extensive catalog, such as high-efficiency storage batteries and intelligent energy management systems, and how they work together to provide a stable and reliable power supply for your PV projects.

Pakistan electricity market [PDF] Chat with us

About Pakistan electricity market

Related Contents

Contact Integrated Localized Bess Provider